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SAN FRANCISCO/WASHINGTON (Reuters) -GM's Cruise self-driving car unit on Thursday revealed probes by the U.S. Justice Department and Securities and Exchange Commission stemming from an October accident in which one of its robotaxis struck a pedestrian and dragged her 20 feet. Cruise reported the government investigations in a blog post in which the company also vowed to reform its culture stemming from a "failure of leadership" around the incident. One expert said the actions that Cruise took immediately after the accident were "egregious."

GM's Cruise self-driving car unit on Thursday revealed U.S. Justice Department and Securities and Exchange Commission probes stemming from an October accident in which one of its robotaxis dragged... -January 25, 2024 at 03:03 pm EST - MarketScreener

By Greg Bensinger SAN FRANCISCO (Reuters) - General Motors has sued the city of San Francisco, seeking to recover more than $100 million, alleging tha...

General Motors has sued the city of San Francisco, seeking to recover more than $100 million, alleging that it was charged a higher tax bill than warranted because its Cruise self-driving car unit was improperly used to make the calculations. In the case filed in California Superior Court in San Francisco, GM is seeking $108 million in back taxes over the course of seven years, as well as $13 million in penalties and interest, according to the complaint. The Detroit automaker said San Francisco-based Cruise is operated separately from GM, generates only a minimal amount of sales and should n...

General Motors has sued the city of San Francisco, seeking to recover more than $100 million, alleging that it was charged a higher tax bill than warranted because its Cruise self-driving car unit...